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    Members Welfare Fund is contributed by members to a common pool - Ksh 500/= per Month
    a) On demise of the principal Member;

    • Consolation of Ksh.20, 000/= is contributed by the Sacco for funeral arrangement. The amount is not deducted from the Members Deposits/Savings.
    • Family may request for Advance of up to Ksh. 50,000/= for funeral arrangements depending on savings the member has.
    • Loan is written off against the Welfare Fund
    • Savings/Deposits in COSA is doubled and paid to the Next of Kin
    • Share Capital and Equity Shares is transferred to the Next of Kin nominated by the deceased Member, in the Next of Kin form.
    • Members who fail to fill or update their Next of Kin (Nominee) forms will have beneficiaries settle matters at the Public Trustees. It is vital to fill Next of Kin forms and update when need arises.
    • Requirements for processing of death claims - Death Report Form, Death Certificate, Chief & Delegates letter (Confirmation), Employers Clearance letter, Next of Kin ID/Birth Certificate if minors and Next of Kin Account.

    b) Bereavement Benefits;

    • When the principal Member is Bereaved by the death of Biological Father/Mother, he/she is consoled with Kshs. 20,000/= and if a Child or Spouse Kshs. 40,000/=
    • A child is that born with a name up to 25 years of age as per policy.
    • You are reminded to update Next of Kin forms.
    • Requirements for Bereavement claims – Child – Birth Certificate/Notification, spouse – I.D Copy and Burial Permit, Biological Parent – I.D Copy and Burial Permit.

    c) Permanent Disability

    • Active Members who are certified as permanently disabled by a Registered Government medical practitioner and does not earn any employment income are paid Ksh. 100,000/= to assist improve their condition.

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